EverSource Wealth Advisors LLC Cuts Stock Position in iShares S&P 500 Value ETF $IVE

EverSource Wealth Advisors LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,038 shares of the company’s stock after selling 2,131 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Total Clarity Wealth Management Inc. bought a new position in iShares S&P 500 Value ETF during the second quarter valued at $681,000. Crewe Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 43.3% in the 2nd quarter. Crewe Advisors LLC now owns 3,876 shares of the company’s stock worth $880,000 after buying an additional 1,172 shares during the last quarter. PFG Investments LLC increased its holdings in shares of iShares S&P 500 Value ETF by 7.1% in the 2nd quarter. PFG Investments LLC now owns 8,488 shares of the company’s stock worth $1,927,000 after buying an additional 564 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its position in shares of iShares S&P 500 Value ETF by 4.6% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 15,460 shares of the company’s stock valued at $3,511,000 after buying an additional 685 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in shares of iShares S&P 500 Value ETF by 29.2% during the 2nd quarter. Capital Investment Advisory Services LLC now owns 2,210 shares of the company’s stock valued at $502,000 after buying an additional 500 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.0%

Shares of NYSEARCA:IVE opened at $238.09 on Friday. The company has a market cap of $50.32 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $200.52 and a 12 month high of $238.37. The company has a 50-day moving average price of $230.47 and a 200 day moving average price of $223.25.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.